Math, asked by patilsachitanand28, 3 months ago

What is the difference between simple interest on Rs. 5000 at 8% per annum for 7/2 is years and simple interest on Rs. 4000 at 7/2% per annum for 8 years is

Answers

Answered by rangwalanaqiyah6039

4

Answer:

₹1120

Step-by-step explanation:

SP = P x R x T/100

∴ 5000 x 8 x 7/100 x 2 = ₹5600

∴ 4000 x 7 x 8/100 x 2 = ₹4480

5600 - 4480 = 1120.

∴ The difference is ₹1120.

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